secwatch.observer — SEC 8-K summary
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Issuer:     Knowles Corp (KN)
CIK:        0001587523
Form:       8-K
Filed at:   2023-09-21T23:59:59+00:00
Accession:  0001587523-23-000075
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Knowles acquires Kaplan Electronics and CDE assets for $263M; enters capacitor market
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- Total consideration $263M: $140M cash at closing plus $123M interest-free seller note.
- Seller note split: $50M due 1 year post-close, $73M due 2 years, secured by acquired assets.
- Acquisition includes Kaplan Electronics, CD E capacitor business, and related operations.
- Closing expected Q4 2023, subject to HSR waiting period and other customary conditions.
- Key employees subject to employment agreements; definitive agreement filed as Exhibit 10.1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1587523/000158752323000075/0001587523-23-000075-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1587523/000158752323000075/kn-20230915.htm
  HTML page:      https://secwatch.observer/filing/0001587523-23-000075

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